(VIANEWS) – Copper (HG) has been up by 4.7% for the last 10 sessions. At 02:51 EST on Tuesday, 20 August, Copper (HG) is $4.18.
Volume
Today’s last reported volume for Copper is 5794, 99.99% below its average volume of 9259978070.67.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be oversold (<=20).
News about
- According to FXStreet on Tuesday, 20 August, "That said, the risk of a further escalation of geopolitical tensions could lend some support to Crude Oil prices and help limit losses."
- According to FXStreet on Monday, 19 August, "That said, a softer tone around Crude Oil prices could undermine the commodity-linked Loonie and hold back traders from placing fresh bearish bets ahead of this week’s data/central bank event risk.", "Furthermore, geopolitical developments in the Middle East, which tend to drive Crude Oil prices, should provide some impetus to the USD/CAD pair and determine the next leg of a directional move."
More news about Copper (HG).
